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12
71
1
35
1
40
6
67
5
38
0
6
1
15
6
67
7
36
0
11
0
8
4
12
0
10
1
18
0
9
0
3
0
5
1
7
0
7
0
4
1
11
0
7
3
16
5
23
1
11
1
2
0
7
0
2
1
13
3
17
2
11
3
37
3
28
4
20
2
12
2
14
2
27
12
52
4
40
7
28
5
34
9
77
11
88
7
40
5
58
3
27
3
33
3
25
25
2
22
0
2
0
2
0
8
Arab Countries
Developing Countries
Arab Countries
Developing Countries
Arab Countries
Developing Countries
Arab Countries
Developing Countries
Arab Countries
Developing Countries
Arab Countries
Developing Countries
Arab Countries
Developing Countries
Arab Countries
Developing Countries
Arab Countries
Developing Countries
MDG1.1-
Extreme
Poverty
MDG1.9
Under-
nourishment
MDG2.1-
Primary
Completion
MDG3.1-
Education
GenderParity
MDG4.1-
Under-5
Mortality
MDG4.2-
Infant
Mortality
MDG5.1-
Maternal
Mortality
MDG7.8-
Improved
Water
MDG7.9-
Improved
Sanitation
Target Met Sufficient Progress (by 2015) Insufficient Progress Moderately Off Target Seriously Off Target Insufficient Data
Looking back: MDG progress
Comparing Arab Countries to Developing Countries
Demographic
transitions
Urbanization
Fragility and
violence
Climate change
Market volatility
and commodity
cycles
Technological
changes
Shifts in the
global economy
Renewed debate
about
globalization
3
Global Megatrends
Opportunities and Challenges
Global development agendas serve as a guide for countries to determine their national development path
MDGs (2000-2015) SDGs (2016-2030)
Goals/ Targets/Indicators 8/21/60 17/169/~230
Priority Areas Human Development Holistic: Economic, Social, Environmental
Scope Developing Countries Universal
4
The SDGs present a major opportunity for transformation
5
12%
81%
87% 89%
11%
68%
88% 87%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Prevalence of undernourishment
(% of population)
People using at least basic
sanitation services (% of
population)
People using at least basic drinking
water services (% of population)
Access to electricity (% of
population)
SDG 2 SDG 6 SDG 7
Progress on select SDGs, Arab world and the World
Arab World World
How are Arab countries progressing on the SDGs?
Adapted from: WDR 2019 Changing Nature of Work, World Bank, 2018
Invest in resilience
(incl. social
protection)
Invest in
infrastructure
Invest in human
capital
Enablers
Achieving the SDGs
Finance Data Implementation
6
Leveraging the potential of disruptive changes requires a
comprehensive policy framework
Invest in human capital
The Human Capital Project
Three main objectives:
1. Build demand for more and better investments in people
2. Help countries strengthen their human capital strategies and investments for rapid
improvements in outcomes
3. Improve how we measure human capital
Three main indicators, reflecting building blocks of human capital:
1. Survival – Will kids born today survive to school age?
2. School – How much school will they complete and how much will they learn?
3. Health – Will kids leave school in good health and be ready for further learning and/or work?
"Human capital" – the potential of individuals – is going to be the most
important long-term investment any country can make for its people’s future,
prosperity and quality of life
7
Invest in human capital
8
Rank Economy Lower
Bound
Value Upper
bound
47 Bahrain 0.65 0.67 0.68
49 United Arab
Emirates
0.64 0.66 0.67
54 Oman 0.61 0.62 0.63
60 Qatar 0.60 0.61 0.63
73 Saudi Arabia 0.57 0.58 0.60
77 Kuwait 0.56 0.58 0.59
79 Jordan 0.54 0.56 0.58
82 West Bank & Gaza 0.54 0.55 0.56
86 Lebanon 0.52 0.54 0.55
93 Algeria 0.51 0.52 0.53
96 Tunisia 0.50 0.51 0.52
98 Morocco 0.49 0.50 0.51
104 Egypt 0.47 0.49 0.50
129 Iraq 0.38 0.40 0.41
139 Sudan 0.37 0.38 0.39
145 Yemen 0.35 0.37 0.38
9
• Broadly defined as the ability to manage
the wide range of shocks and stresses
which may occur. These are categorized as
natural; technological; or socioeconomic
• Examples of investments include:
o Expansion of social protection coverage
while giving priority to the poorest people
o Strengthening of all aspects of climate
and disaster resilient development,
including coordinating institutions, risk
identification and reduction,
preparedness, financial and social
protection, and resilient reconstruction
Invest in resilience
Source: WDR 2019 ; Building Resilience Report; and Investing in urban Resilience Report
Invest in infrastructure
10
Source: Global Infrastructure Hub, 2018
1E+11
1.5E+11
2E+11
2.5E+11
3E+11
3.5E+11
4E+11
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
Infrastructure Outlook: Africa
Current trends Investment need
Investment need inc. SDGs
1.3E+12
1.5E+12
1.7E+12
1.9E+12
2.1E+12
2.3E+12
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
Infrastructure Outlook: Asia
Current trends Investment need
Investment need inc. SDGs
Invest in digital infrastructure
11
In low income countries, only 12 percent of people use the internet, but usage is growing.
Source: SDG Atlas 2018
1. High prices, low speed: limited
access to broadband internet
2. Good backbone networks, lack of
investment in local access;
monopolies in international access
3. Affordability constraints deepen the
digital divide across regions and
people
4. Highly concentrated markets
5. Challenges with storage capacity
6. Lack of competition in international
and data communications
7. Outdated business model
8. Lack of investment in broadband
Features of digital
infrastructure in MENA
12
The role of the government is to ensure a balance and the
best use of finance for development
0
2E+10
4E+10
6E+10
8E+10
1E+11
1.2E+11
ODA and FDI to the Arab World
Foreign direct investment, net inflows (BoP, current US$)
Net official development assistance and official aid
received (current US$)
0
1
2
3
4
5
6
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
Foreign Direct Investment
(net inflows as % of GDP)
Arab World World Developing Countries
Finance will need to come from multiple sources
Financing sustainable development
Source: World Bank, 2018
When a project is presented, you should ask:
“Is there a sustainable private sector solution that limits public debt and contingent liabilities?” If
the answer is...
Promote such private sector solutions
•The World Bank could play an important role in supporting the government to advance
appropriate private sector solutions. i.e. though analytical support, technical assistance for
relevant reforms and capacity building, project identification and preparation support, project
structuring, and support to the government in negotiations with the private sector
Ask whether its because of:
• Policy or regulatory gaps or weaknesses? If so, provide WBG support for policy and
regulatory reforms.
• Risks? If so, assess the risks and see whether WBG instruments can address them.
YES
NO
15
Consumer/ Investor
Protection
Effective Regulations
Financial
Literacy
Financial Innovation
Mobilize Savings and Allocate Investments
Legal framework to enhance trust, confidence in financial contracts and transactions
15
The role of the government is to ensure a sound financial
sector
16
The SDGs are interlinked
Data is critical to understanding those relationships
Japan’s goals interlinked to SDG 1
Data availability is a universal
challenge
0
5
10
15
20
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17
Seventy-eight of 169 SDG targets describe
potentially assessable outcomes for Canada
Quantified SDG target Canadian national target
Proxy target Not able to assess
17
Source: “Counting who gets Left Behind” Brookings report, 2018
18
Good Data Informs Implementation
50
55
60
65
70
75
80
85
90
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
South Asia East Asia & Pacific Latin America & Caribbean Europe & Central Asia Middle East & North Africa
Statistical Capacity Score (scale: 0-100)
The role of the government is to implement robust
data systems
Source: Data for Development: An Evaluation of World Bank Support for Data and Statistical Capacity, Independent Evaluation Group, World Bank, 2018
Institutions
Based on
Organizations that
Have
Data that Are Users Who Are Data Uses
• Open data
laws
• Rights to
privacy
• Accountabilit
y to users
• Broad
outreach to
society
• Harmonized
data
conventions
• Budgetary
autonomy
• Trained staff
• Adequate
installations
• Connected
databases
• Early warning
systems
• International
partnerships
• Up to date
• Disaggregated
• Easy to manipulate
and visualize
• Accessible in
remote areas
• Georeferenced
• Contestable
• From integrated
data sets
• Connected
• Data literate
• Diverse (e.g.,
• academics, CSOs,
media, local and
central
governments)
• Planning
• Policy making
• Monitoring
• Targeting
• Research
• Advocacy
• Lobbying
• Citizen
empowerment
103 countries have presented VNRs to date during
the High-Level Political Forum
8 countries presented more than once
High-Level Political Forum
UN mechanism for the follow up and review of SDG implementation
1. Sequencing implementation of goals within context of national priorities
2. Working in partnership to determine national development strategy
3. Coordination within governments; across and within ministries
4. Securing enough financial resources and efficiently allocating them
5. Data availability and institutional capacity
6. Localization and implementation of the goals at the local level
7. Incorporating and mainstreaming gender
8. Integrating action on climate change
Countries’ Most Frequently Identified Priority Areas*
* Based on SVPMM analysis
The role of the government is to enhance
localization of development
Kenya:
A government funded drought insurance
program brings satellite based insurance to
Kenyan pastoralists and farmers using
mPesa.
Indonesia:
A program is being
implemented to enhance the
capacity of local governments
to improve efficiency and
effectiveness of local public
spending.
Also implemented the PNPM
program: community driven
development
U.K. Midlands
Successful locally owned
businesses help develop local
markets, create innovation,
success and redistribution in a
self-reinforcing cycle
Colombia:
22
Source: Municipal Finances Handbook: Managing Local Expenditures, Morrell and Kopanyi
1. Preschool education
2. Primary and secondary school
3. Health care
4. Social assistance and poverty alleviation
5. Public order and civil protection
6. Infrastructure and public services
7. Environment protection
8. Social, cultural, recreational expenditures
9. Local economic development
10.Social housing
11.Urban development
12.Civil security
13.Transfer to sub-local government entities
14.(subsidies, grants, equity, in-kind)
15.Loan repayment
16.Interest charges
17.Guarantees called (paid by the municipality)
Sample municipal budget
1. Property tax (rates) on land and/or buildings
2. Tax on the transfer of immovable property
3. Tax on motor vehicles
4. Local sales tax and/or tax on the sale of local products (or surcharge)
5. Tax on local businesses and services
6. Tax on electricity consumption (surcharge)
7. Tax on nonmotorized vehicles
8. Tax on tourism, hotels, restaurants, and entertainment
9. Tolls on roads, bridges, etc., within the limits of the local government
10.Charges for public works and public utilities such as waste collection, drainage, sewerage,
and water supply
11.Charges for markets and rents for market stalls
12.Charges for the use of bus stations and taxi parks
13.Fees for approval of building plans and erection and re-erection of buildings
14.Fees for fairs, agricultural shows, industrial exhibitions, tournaments, and other public
events
15.Fees for licensing of businesses, professions, and vocations
16.Fees for other licenses or permits and penalties or fines for violations
17.Fees for advertisement
18.Fees on sales of animals in cattle markets
19.Fees for registration and certification of births, marriages, and deaths
20.Fees for education and health facilities established or maintained by the local government
21.Fees for other specific services rendered by the local government
22.Rent from land, buildings, equipment, machinery, and vehicles
23.Surpluses from local commercial enterprises
Expenses Revenues
23
The role of the government is to leverage the
impacts of technology
24
•Boundaries of the firm
Changes in industrial relations (capitalism without capital)
Demand for skills
The future of the informal economy
Scenarios of robots replacing workers
Expectations vs. perception vs. reality
Digital education creates
classrooms at scale and
connects world-class
teachers to students who
need them most
E-health can serve some of
the neediest patients in the
world’s hardest to reach
places
Digital financial services
provide new opportunities
for SME savings, credit,
and insurance thereby
spurring expansion
Digital payments and
monitoring enable off-grid,
renewable energy sources
to be deployed years in
advance of traditional
approaches
Source: International Finance Corporation
25
STI for SDGs
26
STI for SDGs
World Bank strategy for MENA
27
Boost Shared ProsperityEnd Extreme Poverty
Build Human Capital
Education, skills, health, social protection,
youth and female inclusion
Digital Transformation
Research and innovation, investment in high
speed networks
Maximize Finance for
Development
Role of state, unleash private sector,
access to finance
Renewing the Social
Contract
Resilience
to Shocks
Regional
Cooperation
Recovery and
Reconstruction
Meeting the Aspirations of MENA’s Youth -
Reinventing the Economic Model
Rapid and Inclusive Job Creation for The Youth
1944
International Bank for
Reconstruction and Development
(IBRD)
1960
International
Development
Association (IDA)
1956
International
Finance
Corporation (IFC)
1988
Multilateral Investment
Guarantee Agency
(MIGA)
1966
International Center for the
Settlement of Investment
Disputes
(ICSID)
The World Bank Group
lends to governments of middle-income and creditworthy low-income countries
provides interest-free loans, or credits, and grants to governments of the poorest countries
provides loans, equity, and advisory services to stimulate private sector investments in developing countries
provides political risk insurance and credit enhancement to investors and lenders to facilitate FDI in emerging
economies
provides international facilities for conciliation and arbitration of investment disputes
Thank You
worldbankgroup.org/sdgs
Follow us on twitter @WBG2030
Mahmoud-Mohieldin on
29

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On the SDGs in the Arab World

  • 1.
  • 2. 12 71 1 35 1 40 6 67 5 38 0 6 1 15 6 67 7 36 0 11 0 8 4 12 0 10 1 18 0 9 0 3 0 5 1 7 0 7 0 4 1 11 0 7 3 16 5 23 1 11 1 2 0 7 0 2 1 13 3 17 2 11 3 37 3 28 4 20 2 12 2 14 2 27 12 52 4 40 7 28 5 34 9 77 11 88 7 40 5 58 3 27 3 33 3 25 25 2 22 0 2 0 2 0 8 Arab Countries Developing Countries Arab Countries Developing Countries Arab Countries Developing Countries Arab Countries Developing Countries Arab Countries Developing Countries Arab Countries Developing Countries Arab Countries Developing Countries Arab Countries Developing Countries Arab Countries Developing Countries MDG1.1- Extreme Poverty MDG1.9 Under- nourishment MDG2.1- Primary Completion MDG3.1- Education GenderParity MDG4.1- Under-5 Mortality MDG4.2- Infant Mortality MDG5.1- Maternal Mortality MDG7.8- Improved Water MDG7.9- Improved Sanitation Target Met Sufficient Progress (by 2015) Insufficient Progress Moderately Off Target Seriously Off Target Insufficient Data Looking back: MDG progress Comparing Arab Countries to Developing Countries
  • 3. Demographic transitions Urbanization Fragility and violence Climate change Market volatility and commodity cycles Technological changes Shifts in the global economy Renewed debate about globalization 3 Global Megatrends Opportunities and Challenges
  • 4. Global development agendas serve as a guide for countries to determine their national development path MDGs (2000-2015) SDGs (2016-2030) Goals/ Targets/Indicators 8/21/60 17/169/~230 Priority Areas Human Development Holistic: Economic, Social, Environmental Scope Developing Countries Universal 4 The SDGs present a major opportunity for transformation
  • 5. 5 12% 81% 87% 89% 11% 68% 88% 87% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Prevalence of undernourishment (% of population) People using at least basic sanitation services (% of population) People using at least basic drinking water services (% of population) Access to electricity (% of population) SDG 2 SDG 6 SDG 7 Progress on select SDGs, Arab world and the World Arab World World How are Arab countries progressing on the SDGs?
  • 6. Adapted from: WDR 2019 Changing Nature of Work, World Bank, 2018 Invest in resilience (incl. social protection) Invest in infrastructure Invest in human capital Enablers Achieving the SDGs Finance Data Implementation 6 Leveraging the potential of disruptive changes requires a comprehensive policy framework
  • 7. Invest in human capital The Human Capital Project Three main objectives: 1. Build demand for more and better investments in people 2. Help countries strengthen their human capital strategies and investments for rapid improvements in outcomes 3. Improve how we measure human capital Three main indicators, reflecting building blocks of human capital: 1. Survival – Will kids born today survive to school age? 2. School – How much school will they complete and how much will they learn? 3. Health – Will kids leave school in good health and be ready for further learning and/or work? "Human capital" – the potential of individuals – is going to be the most important long-term investment any country can make for its people’s future, prosperity and quality of life 7
  • 8. Invest in human capital 8 Rank Economy Lower Bound Value Upper bound 47 Bahrain 0.65 0.67 0.68 49 United Arab Emirates 0.64 0.66 0.67 54 Oman 0.61 0.62 0.63 60 Qatar 0.60 0.61 0.63 73 Saudi Arabia 0.57 0.58 0.60 77 Kuwait 0.56 0.58 0.59 79 Jordan 0.54 0.56 0.58 82 West Bank & Gaza 0.54 0.55 0.56 86 Lebanon 0.52 0.54 0.55 93 Algeria 0.51 0.52 0.53 96 Tunisia 0.50 0.51 0.52 98 Morocco 0.49 0.50 0.51 104 Egypt 0.47 0.49 0.50 129 Iraq 0.38 0.40 0.41 139 Sudan 0.37 0.38 0.39 145 Yemen 0.35 0.37 0.38
  • 9. 9 • Broadly defined as the ability to manage the wide range of shocks and stresses which may occur. These are categorized as natural; technological; or socioeconomic • Examples of investments include: o Expansion of social protection coverage while giving priority to the poorest people o Strengthening of all aspects of climate and disaster resilient development, including coordinating institutions, risk identification and reduction, preparedness, financial and social protection, and resilient reconstruction Invest in resilience Source: WDR 2019 ; Building Resilience Report; and Investing in urban Resilience Report
  • 10. Invest in infrastructure 10 Source: Global Infrastructure Hub, 2018 1E+11 1.5E+11 2E+11 2.5E+11 3E+11 3.5E+11 4E+11 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 Infrastructure Outlook: Africa Current trends Investment need Investment need inc. SDGs 1.3E+12 1.5E+12 1.7E+12 1.9E+12 2.1E+12 2.3E+12 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 Infrastructure Outlook: Asia Current trends Investment need Investment need inc. SDGs
  • 11. Invest in digital infrastructure 11 In low income countries, only 12 percent of people use the internet, but usage is growing. Source: SDG Atlas 2018 1. High prices, low speed: limited access to broadband internet 2. Good backbone networks, lack of investment in local access; monopolies in international access 3. Affordability constraints deepen the digital divide across regions and people 4. Highly concentrated markets 5. Challenges with storage capacity 6. Lack of competition in international and data communications 7. Outdated business model 8. Lack of investment in broadband Features of digital infrastructure in MENA
  • 12. 12 The role of the government is to ensure a balance and the best use of finance for development
  • 13. 0 2E+10 4E+10 6E+10 8E+10 1E+11 1.2E+11 ODA and FDI to the Arab World Foreign direct investment, net inflows (BoP, current US$) Net official development assistance and official aid received (current US$) 0 1 2 3 4 5 6 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Foreign Direct Investment (net inflows as % of GDP) Arab World World Developing Countries Finance will need to come from multiple sources
  • 14. Financing sustainable development Source: World Bank, 2018 When a project is presented, you should ask: “Is there a sustainable private sector solution that limits public debt and contingent liabilities?” If the answer is... Promote such private sector solutions •The World Bank could play an important role in supporting the government to advance appropriate private sector solutions. i.e. though analytical support, technical assistance for relevant reforms and capacity building, project identification and preparation support, project structuring, and support to the government in negotiations with the private sector Ask whether its because of: • Policy or regulatory gaps or weaknesses? If so, provide WBG support for policy and regulatory reforms. • Risks? If so, assess the risks and see whether WBG instruments can address them. YES NO
  • 15. 15 Consumer/ Investor Protection Effective Regulations Financial Literacy Financial Innovation Mobilize Savings and Allocate Investments Legal framework to enhance trust, confidence in financial contracts and transactions 15 The role of the government is to ensure a sound financial sector
  • 16. 16 The SDGs are interlinked Data is critical to understanding those relationships Japan’s goals interlinked to SDG 1
  • 17. Data availability is a universal challenge 0 5 10 15 20 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 Seventy-eight of 169 SDG targets describe potentially assessable outcomes for Canada Quantified SDG target Canadian national target Proxy target Not able to assess 17 Source: “Counting who gets Left Behind” Brookings report, 2018
  • 18. 18 Good Data Informs Implementation 50 55 60 65 70 75 80 85 90 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 South Asia East Asia & Pacific Latin America & Caribbean Europe & Central Asia Middle East & North Africa Statistical Capacity Score (scale: 0-100)
  • 19. The role of the government is to implement robust data systems Source: Data for Development: An Evaluation of World Bank Support for Data and Statistical Capacity, Independent Evaluation Group, World Bank, 2018 Institutions Based on Organizations that Have Data that Are Users Who Are Data Uses • Open data laws • Rights to privacy • Accountabilit y to users • Broad outreach to society • Harmonized data conventions • Budgetary autonomy • Trained staff • Adequate installations • Connected databases • Early warning systems • International partnerships • Up to date • Disaggregated • Easy to manipulate and visualize • Accessible in remote areas • Georeferenced • Contestable • From integrated data sets • Connected • Data literate • Diverse (e.g., • academics, CSOs, media, local and central governments) • Planning • Policy making • Monitoring • Targeting • Research • Advocacy • Lobbying • Citizen empowerment
  • 20. 103 countries have presented VNRs to date during the High-Level Political Forum 8 countries presented more than once
  • 21. High-Level Political Forum UN mechanism for the follow up and review of SDG implementation 1. Sequencing implementation of goals within context of national priorities 2. Working in partnership to determine national development strategy 3. Coordination within governments; across and within ministries 4. Securing enough financial resources and efficiently allocating them 5. Data availability and institutional capacity 6. Localization and implementation of the goals at the local level 7. Incorporating and mainstreaming gender 8. Integrating action on climate change Countries’ Most Frequently Identified Priority Areas* * Based on SVPMM analysis
  • 22. The role of the government is to enhance localization of development Kenya: A government funded drought insurance program brings satellite based insurance to Kenyan pastoralists and farmers using mPesa. Indonesia: A program is being implemented to enhance the capacity of local governments to improve efficiency and effectiveness of local public spending. Also implemented the PNPM program: community driven development U.K. Midlands Successful locally owned businesses help develop local markets, create innovation, success and redistribution in a self-reinforcing cycle Colombia: 22
  • 23. Source: Municipal Finances Handbook: Managing Local Expenditures, Morrell and Kopanyi 1. Preschool education 2. Primary and secondary school 3. Health care 4. Social assistance and poverty alleviation 5. Public order and civil protection 6. Infrastructure and public services 7. Environment protection 8. Social, cultural, recreational expenditures 9. Local economic development 10.Social housing 11.Urban development 12.Civil security 13.Transfer to sub-local government entities 14.(subsidies, grants, equity, in-kind) 15.Loan repayment 16.Interest charges 17.Guarantees called (paid by the municipality) Sample municipal budget 1. Property tax (rates) on land and/or buildings 2. Tax on the transfer of immovable property 3. Tax on motor vehicles 4. Local sales tax and/or tax on the sale of local products (or surcharge) 5. Tax on local businesses and services 6. Tax on electricity consumption (surcharge) 7. Tax on nonmotorized vehicles 8. Tax on tourism, hotels, restaurants, and entertainment 9. Tolls on roads, bridges, etc., within the limits of the local government 10.Charges for public works and public utilities such as waste collection, drainage, sewerage, and water supply 11.Charges for markets and rents for market stalls 12.Charges for the use of bus stations and taxi parks 13.Fees for approval of building plans and erection and re-erection of buildings 14.Fees for fairs, agricultural shows, industrial exhibitions, tournaments, and other public events 15.Fees for licensing of businesses, professions, and vocations 16.Fees for other licenses or permits and penalties or fines for violations 17.Fees for advertisement 18.Fees on sales of animals in cattle markets 19.Fees for registration and certification of births, marriages, and deaths 20.Fees for education and health facilities established or maintained by the local government 21.Fees for other specific services rendered by the local government 22.Rent from land, buildings, equipment, machinery, and vehicles 23.Surpluses from local commercial enterprises Expenses Revenues 23
  • 24. The role of the government is to leverage the impacts of technology 24 •Boundaries of the firm Changes in industrial relations (capitalism without capital) Demand for skills The future of the informal economy Scenarios of robots replacing workers Expectations vs. perception vs. reality
  • 25. Digital education creates classrooms at scale and connects world-class teachers to students who need them most E-health can serve some of the neediest patients in the world’s hardest to reach places Digital financial services provide new opportunities for SME savings, credit, and insurance thereby spurring expansion Digital payments and monitoring enable off-grid, renewable energy sources to be deployed years in advance of traditional approaches Source: International Finance Corporation 25 STI for SDGs
  • 27. World Bank strategy for MENA 27 Boost Shared ProsperityEnd Extreme Poverty Build Human Capital Education, skills, health, social protection, youth and female inclusion Digital Transformation Research and innovation, investment in high speed networks Maximize Finance for Development Role of state, unleash private sector, access to finance Renewing the Social Contract Resilience to Shocks Regional Cooperation Recovery and Reconstruction Meeting the Aspirations of MENA’s Youth - Reinventing the Economic Model Rapid and Inclusive Job Creation for The Youth
  • 28. 1944 International Bank for Reconstruction and Development (IBRD) 1960 International Development Association (IDA) 1956 International Finance Corporation (IFC) 1988 Multilateral Investment Guarantee Agency (MIGA) 1966 International Center for the Settlement of Investment Disputes (ICSID) The World Bank Group lends to governments of middle-income and creditworthy low-income countries provides interest-free loans, or credits, and grants to governments of the poorest countries provides loans, equity, and advisory services to stimulate private sector investments in developing countries provides political risk insurance and credit enhancement to investors and lenders to facilitate FDI in emerging economies provides international facilities for conciliation and arbitration of investment disputes
  • 29. Thank You worldbankgroup.org/sdgs Follow us on twitter @WBG2030 Mahmoud-Mohieldin on 29